There is no way on earth Lagos has 1 million people with a $1m account balance. At that rate, 1 in every 20 people in Lagos are dollar millionaires? The total number of people with a N1billion account balance in Lagos can’t be up to 10,000.
Compare the millionaire rate of the richest cities in the world:
New York City—1 in 24 people
London—1 in 39 people
Dubai—1 in 43 people
Paris—1 in 68 people
Mumbai—1 in 425 people
Hong Kong—1 in 48 people.
Beijing—1 in 170 people.
50,000 dollar millionaires in every 1 million resident? There is no way on earth or in heaven where Lagos has that number. Even New York only has 42,000 millionaires per million people.
Lagos has a population of about 20 million. I'm telling you one million people in this Lagos have $1million.
Lagos is a contradiction. There is gross poverty sitting beside stupendous wealth
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